ALL THE NEWS
Triangle Energy Raises $3.6 Million to Progress Cliff Head Renewal Project
/in Resources Roadhouse, The Bowser /by Wally GrahamTHE BOWSER: Triangle Energy (ASX: TEG) has raised $3.6 million having received commitments from both professional and sophisticated investors. Triangle Energy said the investors had collectively subscribed for 48 million new ordinary shares at 7.5 cents per new share. In the company’s announcement to the Australian Securities Exchange, managing director Rob Towner said funds raised […]
Exore Resources Encounters Gold mineralisation in Fresh Rock
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Exore Resources (ASX: ERX) encountered high-grade, free-milling gold when drilling the first hole drilled into fresh rock at the Veronique gold discovery within the company’s Bagoe project in northern Cote d’Ivoire. Exore had announced results from initial AC drilling at Veronique in March 2019. The company’s recent drilling has consisted broad spaced […]
Greenfields, Brownfields, Exploration Companies are Drilling in All Fields
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: It appears explorers are out doing what they’re best known for – that being exploring, according to the latest Mineral and Petroleum Exploration census from the Australian Bureau of Statistics. The boffins in the counting house released their Mineral and Petroleum June 2019 Quarterly Statistics that show total mineral exploration expenditure increased […]
Consolidated Zinc Consolidates 100% Ownership of Plomosas Mine
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Consolidated Zinc (ASX: CZL) announced it has entered into a Binding Term Sheet with Retec Guaru S.A. de C.V. Under the terms of the agreement, Consolidated Zinc will acquire the remaining 10 per cent interest, currently held by Retec, in the company’s 90 per cent-owned subsidiary Minera Latin American Zinc S.A.P.I de […]
Comet Ridge Declares Galilee Basin Drilling Progress at Albany 2 Well
/in Resources Roadhouse, The Bowser /by Wally GrahamTHE BOWSER: Comet Ridge (ASX: COI) updated the market on the progress of drilling operations at the Albany 2 well in the Galilee Basin. The well is being drilled as part of the Galilee Deeps Joint Venture (GDJV) 2019 drilling program with Vintage Energy (ASX: VEN). Comet Ridge has taken further core (Cores #2 & […]
Ardea Resources Updates Lewis Ponds Resource
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ardea Resources (ASX: ARL) announced a new JORC 2012-compliant Indicated and Inferred Mineral Resource estimate, for the company’s Lewis Ponds gold-silver-zinc-lead-copper deposit near Orange in New South Wales. Ardea reported the new JORC 2012 Mineral Resource for the Volcanic hosted massive sulphide (VHMS) Lewis Ponds project, comprising Indicated and Inferred Mineral Resources, […]
Musgrave Minerals Hits High-Grade Gold Extension at Break of Day
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported, what the company described as, “a highly encouraging assay result. Musgrave Minerals reported the result from recent extensional drilling at the Break of Day deposit, part of the company’s Cue gold project in the Murchison district of Western Australia. Assays from a single reverse circulation (RC) drill […]
Middle Island Resources Completes Reo Sale
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) informed the market that Vancouver-based Tajiri Resources Corporation (TSXV: TAJ) has exercised its option to fully acquire Middle Island’s Reo gold project in Burkina Faso, West Africa. Middle Island said the completion of the transaction resulted from Tajiri’s payment to Middle Island of the final US$150,000 Option […]
St George Mining Claims New Discovery of Nickel-Copper Sulphides at Mt Alexander
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) announced a new discovery of high-grade nickel-copper sulphides at its flagship Mt Alexander project, located in the north-eastern Goldfields. St George Mining said the first drill hole – MAD152 – at the newly named Radar prospect intersected nickel-copper sulphide mineralisation between 44.2 meyres and 51.7m downhole including […]
Kin Mining Completes Cardinia PFS
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced the completion of a Pre-Feasibility Study for the company’s 100 per cent-owned Cardinia gold project in the North-Eastern Goldfields of Western Australia. Kin Mining claimed the 2019 PFS had confirmed the Cardinia project as being both technically sound and capable of generating solid free cash flows with […]